Lesson
Protecting Life & Income
Summary
Your paycheck and your pulse are your two biggest assets. This lesson explores how life, disability, and health insurance shield income from the curveballs nobody sees coming.
Bellringer: One Missed Paycheck
- Pose scenario: 24-year-old is hospitalized 5 days with severe pneumonia, out of work 6 weeks.
- Ask students how they would cover rent, groceries, and medical bills.
Instruction
- Walk through health, disability, and life insurance basics.
- Define premium, deductible, copay, coinsurance, out-of-pocket max.
Activity: Health Insurance Costs
- Students complete the Health Insurance Costs worksheet using the shared plan details.
- Compare out-of-pocket totals across the six characters (Quang, Zeke, Amina, Flora, Dakota, Anna).
Discussion: Who Benefits The Most?
- Debrief which character got the most value from the plan and why.
- Push students to defend high-deductible vs. low-deductible trade-offs.
Wrap-Up & Assessment
- Name one insurance type you'll need within 5 years and why.
- How do health, disability, and life insurance work together as income protection?
| Est. Time | Activity | Description |
|---|---|---|
| 5 min | Bellringer: One Missed Paycheck |
|
| 10 min | Instruction |
|
| 20 min | Activity: Health Insurance Costs |
|
| 5 min | Discussion: Who Benefits The Most? |
|
| 5 min | Wrap-Up & Assessment |
|
Lesson Prep
High School Personal Finance Workbook
Complete "Health Insurance Costs" on pages 11-12.
Class Presentation
Includes a 16-slide deck with teacher notes. Present from Banzai, download a PDF, or copy it to Google Slides.
Presentations, Ready to Go
- Built-in PresentationPresent full screen, straight from Banzai
- Copy to Google SlidesMake an editable copy for your class
- Download or PrintSave as a PDF or print
- Teacher NotesSlide-by-slide guidance, printable as one handout
Unit 9: Insurance & Risk
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Your stuff isn't covered just because you have a lock on your door. This lesson explores how renters and homeowners insurance protect both belongings and liability, and what young adults often get wrong about coverage.
Protecting Life & Income
Your paycheck and your pulse are your two biggest assets. This lesson explores how life, disability, and health insurance shield income from the curveballs nobody sees coming.
Insurance Scams & Fraud
The biggest threat to your insurance isn't a car wreck — it's the person who stages one. Explore how scammers exploit insurance systems and how to protect yourself from fraud, phishing, and identity theft.
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